Hello everyone, and thank you for joining us today for this Black Stone Minerals Q3 2024 Earnings Conference Call. As a reminder, all phone participants are in a listen-only mode, but later you will have the opportunity to ask questions during our question-and-answer session. Today's session is also being recorded, and to get us started with opening remarks and introductions, I'm pleased to turn the floor to Director of Finance, Mr. Marc Moe. Please go ahead, sir. Thank you, operator. Good morning to everyone. Thank you for joining us either by phone or online for Black Stone Minerals Q3 2024 Earnings Conference Call. Today's call is being recorded and will be available on our website along with the earnings release, which was issued last night. Before we start, I'd like to advise you that we will be making forward-looking statements during this call about our plans, expectations, and assumptions regarding our future performance. These statements involve risks that may cause our actual results to differ materially from the results expressed or implied in our forward-looking statements. For discussion of these risks, you should refer to the cautionary information about forward-looking statements in our press release from yesterday and the risk factors section of our 2023 10-K. We may refer to certain non-GAAP financial measures that we believe are useful in evaluating our performance. Reconciliation of those measures to the most directly comparable GAAP measure and other information about these non-GAAP metrics are described in our earnings press release from yesterday, which can be found on our website at www.blackstoneminerals.com. Joining me on the call from the company are Tom Carter, Chairman, CEO, and President. Taylor DeWalch, Senior Vice President, Chief Financial Officer and Treasurer. Carrie Clark, Senior Vice President, Chief Commercial Officer. And Steve Putman, Senior Vice President and General Counsel. I'll now turn the call over to Tom. Thanks, Marc. Good morning, and thanks for joining us today. We had a successful Q3 and, as previously announced, maintained our consistent distribution despite a decrease in production from last quarter driven by volatility in the natural gas area throughout the year. During the quarter, we progressed our mineral acquisition program, and we continue working with our partners for long-term development. We remain confident in the outlook across our acreage position and are focused on our targeted acquisition strategy to further enhance our existing long runway of high-interest development opportunities. On the acquisition front, we continue to expand our asset footprint through the targeted grassroots acquisition program we previously discussed throughout the year. During the quarter, we added about $15 million in minerals and royalty assets along with a substantial lease, all of which further build a contiguous asset for an operator for long-term development. Thus far, we have acquired about $80 million in minerals and royalty interests since Q4 of 2023 and plan to continue pursuing accretive opportunities, which will ultimately drive long-term value for our shareholders. In East Texas and Louisiana, we continue to work with multiple operators to promote development on our acreage, while we also monitor the current commodity environment and prepare for the anticipated improvements in the natural gas market. In Shelby Trough, another three wells were brought online by Aethon in Q3 with initial production rates in the 20 million-25 million cubic feet per day range. We recently signed amendments to our existing joint exploration agreement and are currently looking at them operating one rig and fracking multiple wells in Angelina County. On the Louisiana side of the play, Comstock recently turned online multiple wells in the Toledo Bend area for about 25 million cubic feet per day, and we're excited about the ongoing activity in this area as we work with multiple operators to promote near-term development. Overall, it was a successful quarter, and we will continue to maintain our strategic objective of working with operators to achieve full development across all of our assets with the goal of accretive production growth through this active asset management and targeted acquisitions. With that, I'll turn it over to Taylor to walk through the financial details of the quarter. Thanks, Tom. Good morning, everyone. As Tom pointed out, we had a successful quarter despite continued commodity price volatility. Mineral and royalty production was 35.3 thousand Boe per day in Q3, and total production volumes were 37.4 thousand Boe per day, both of which were down a bit from last quarter. We maintained our updated guidance from Q1 and continue to thoughtfully review current market dynamics. Net income was $92.7 million for Q3, with adjusted EBITDA being $86.4 million. 63% of oil and gas revenue in the quarter came from oil and condensate production. We maintained our distribution at $0.37 per unit for Q3, or $1.50 on an annualized basis. Distributable cash flow for Q4 was $78.6 million, which represents approximately 1.0x coverage for Q4. Our solid balance sheet and ample liquidity give us flexibility through these dynamic market cycles and provide the opportunity to focus on commercial opportunities in the short and long term. We appreciate working with our banking partners, and as of November 1, our credit facility was reaffirmed at $580 million, with total commitments remaining at $375 million, and there are currently no outstanding borrowings on our revolver. As of the end of last week, we had approximately $43 million of cash. We are well hedged for the remainder of the year. Our 2024 natural gas hedges are at approximately $3.55 per MMBtu. In comparing that to an average price entry of $2.16 for Q3, we benefited with a gas settlement of approximately $15 million. We have over 60% of our expected gas and oil volumes hedged for the remainder of 2024 that will help insulate our cash flows from near-term price volatility. We also have attractive hedges in place for 2025 and will maintain our strategy of adding on additional hedges for 2026. Again, we had a successful quarter, and we'll continue to focus on generating long-term value for our shareholders. With that, I'd like to open the call for questions. Gentlemen, thank you. And to our audience joining today on the phones, if you would like to ask a question, simply press Star and One on your touch-tone phone. You may remove yourself from the queue at any time by pressing Star and Two. Once again, that is Star and One to ask a question, and we'll pause for just a moment to assemble our queue. We'll hear from Tim Rezvan at KeyBanc Capital Markets. Good morning, folks, and thank you for taking my question. I'd like to start first with the Aethon update that you provided. I know you kind of put some parameters around there. Can you step back and give us kind of an idea on how you see activity level sort of trending going forward? I think the market consternation was on how 2025 volumes would look. If you could kind of just sort of paint a picture and say, what is this amendment, kind of what sort of visibility do you have over the next couple of years on activity? Thank you. Thanks, Tim. This is Taylor. I'll just say, just start off and first off, I just want to say I appreciate your report last night or this morning, so just generally speaking, I think taking a step back and looking at the entire macro picture, we're certainly being thoughtful in thinking about natural gas activity across the entire basin, and we continue to work with our operators across all of Louisiana and East Texas, as mentioned in Tom's remarks a little bit earlier. As it relates to Aethon, we continue to work with them as well and certainly appreciate the activity and the current rig that they're running in the area, and we'll continue to work with all of our partners, so I hope that answers your question. So is that a way of saying you think there's going to be one dedicated rig on the area of interest? I'd say as far as exact rig activity, what I would say about Aethon activity just in the whole is that we continue to see them being active in the area, and as we've seen historically, they're going to maintain a level of commitment that they've been working, and we're going to continue to work with them in developing the Shelby Trough. Okay. Okay. Appreciate that. And then if I could pivot to the Gulf Coast area, another kind of measured quarter of acquisitions, about $15 million, and you've talked about the progression. Is this cadence of acquisition, is that reflective of your ability to get deals done, or are you trying to be measured about the spending? Theoretically, could you spend $50 or $100 million if something came up next quarter? Just trying to understand kind of it sounds like there's a big opportunity set, but just trying to understand the measured spending to date and maybe where you think you could take that. Thanks. Yeah, thanks. That's a good question. And what I'd say is we're continuing to be thoughtful in the current market in our ability to acquire additional minerals in this area in the Gulf Coast that we're looking at. I'd say that we've reached a cadence that we feel pretty comfortable about, but we continue to look on a quarterly, monthly basis at what opportunities there are and assess those on an individual basis. Thank you. Again, to our phone audience, that is Star and One if you would like to ask a question. Gentlemen, we have no signals from our phone audience. I'll turn it back to you for any additional closing remarks. Okay. Well, thank you all. We don't have any additional questions. And again, we thank you for joining us today, and we look forward to talking with you next quarter. Ladies and gentlemen, this does conclude today's Black Stone Minerals Conference Call, and we thank you all for your participation. You may now disconnect your lines.